New Reliability Compliance Opportunities in 2013
The Federal Energy Regulatory Commission (FERC) closed out 2012 with several orders affecting reliability compliance. FERC adopted a revised definition of the “bulk electric system,” authorized FERC access to e-Tags used to schedule power transmission, and affirmed the authority of the North American Electric Reliability Corporation (NERC) to assess monetary penalties against federally owned utilities. Industry participants should use the New Year as an opportunity to review facilities, information-sharing processes and contracts to help ensure compliance with these new reliability requirements. Read the full Sutherland Legal Alert here.